180 Degrees - I did some thinking
I've been most of the night working on various things and I've taken some time to do a bit of thinking. I don't think I'm as upset as the bailout failing now, and I may be on the verge of simply thinking we should not pass any bailout at all.
I'm not coming to the line of thinking that passing the bailout will make things worse, and I'm not of the opinion that failure to pass the bill will work lessen any type of blow. I generally think we're on the verge of something pretty horrible, and I'm not sure how deep the hole will be but I'm hoping for the best and expecting the worst.
Now, that being said, I've long believed there would need to be something that hurt us all deeply as a motivator for change in this country. The fact is that when things are relatively good, and they've been good for quite some time, there is never the fuel needed for a revolution. When you look at our national debt numbers and when you look at the excess of our society you know that we cannot continue this way forever. My hope in supporting the bailout was that we could find a way to fix the system without a total collapse.
More than likely that's simply not the case. Revolutions do not occur without pain.
When I was a bit younger - even just 2,3 or four years ago - I think it was easier for me to be an ideologue. I was far more of a libertarian at that point and I felt that the free market always worked itself out. I'm a bit more cynical now, and I simply don't believe that companies can work in a environment with no regulation because the average consumer simply does not care enough for anything beyond the bottom line. It was easy for me to want a catalyst at that time in my life since I really had nothing to lose.
Fast forward a few years down the line and that's not the case. The idea of an economic depression is quite frightening to me. Not because I have much wealth to lose but because I have a greater perspective on things now and its much more than a ideology.
That being said, something has to change. This country HAS to hurt deeply to realize where its going wrong. There's no other way to explain to the American people and have them actually understand why they can't extend themselves so much based on so little. That Congress let us down in the manner they did during this crisis simply drives home how much accountability we need to learn from the bottom to the top.
I think I know how much this is going to harm this country. I also think maybe its what this country needs.
I'm not coming to the line of thinking that passing the bailout will make things worse, and I'm not of the opinion that failure to pass the bill will work lessen any type of blow. I generally think we're on the verge of something pretty horrible, and I'm not sure how deep the hole will be but I'm hoping for the best and expecting the worst.
Now, that being said, I've long believed there would need to be something that hurt us all deeply as a motivator for change in this country. The fact is that when things are relatively good, and they've been good for quite some time, there is never the fuel needed for a revolution. When you look at our national debt numbers and when you look at the excess of our society you know that we cannot continue this way forever. My hope in supporting the bailout was that we could find a way to fix the system without a total collapse.
More than likely that's simply not the case. Revolutions do not occur without pain.
When I was a bit younger - even just 2,3 or four years ago - I think it was easier for me to be an ideologue. I was far more of a libertarian at that point and I felt that the free market always worked itself out. I'm a bit more cynical now, and I simply don't believe that companies can work in a environment with no regulation because the average consumer simply does not care enough for anything beyond the bottom line. It was easy for me to want a catalyst at that time in my life since I really had nothing to lose.
Fast forward a few years down the line and that's not the case. The idea of an economic depression is quite frightening to me. Not because I have much wealth to lose but because I have a greater perspective on things now and its much more than a ideology.
That being said, something has to change. This country HAS to hurt deeply to realize where its going wrong. There's no other way to explain to the American people and have them actually understand why they can't extend themselves so much based on so little. That Congress let us down in the manner they did during this crisis simply drives home how much accountability we need to learn from the bottom to the top.
I think I know how much this is going to harm this country. I also think maybe its what this country needs.
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